1238 Valley CirRochesterMI48309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Rochester at 1238 Valley Cir, Rochester, MI, 48309 offers $2,981/mo rent that, after a $2,300/mo payment. Total monthly income is $2,981/mo. Return on cash invested measures 16.34% in year one, and rental yield stands at 7.61% at a $469,900 entry. Equity gained on principal adds $3,032/yr while 5% annual appreciation compounds into $129,825 by year five. Five-year ROI records 85.23% and total cumulative return in cash reaches $132,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,981/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
5.53 Acres lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48309, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,743 (100%) |
| Owner Occupied HU | 9,849 (77.3%) |
| Renter Occupied HU | 2,249 (17.6%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $410,251 |
| Average Home Value | $454,906 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,118
Multi-Family
995
Businesses
834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
